Trade Wars and Tariffs

#5,551
#5,551
NorthDallas40 said:
I don’t really see another way to interpret this quote from you.

And as far as nations not ignoring us to date there are a total of two agreements. The UK one seems worse to be that prior to the turmoil. On Vietnam we keep hearing touting of 0 tariffs into Vietnam however it’s 20% coming into the US. That impacts the price of those goods to consumers.

The only good item I’ve seen from all of this is the trans shipping tariffs on Vietnam. That targets China largely and that is who we should be going after. In over 3 months that single item is it.
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Do you think there is a major trading country with the US where the US has better access to their markets than they do ours?

I place value on opening up markets to US industries with trading countries that have not been there or restricted. Planned investment in the US from some companies given the current tariffs. Is it strictly a % for each country issue for you or does any of this have value?
 
#5,552
#5,552
CobbVol said:
Do you think there is a major trading country with the US where the US has better access to their markets than they do ours?

I place value on opening up markets to US industries with trading countries that have not been there or restricted. Planned investment in the US from some companies given the current tariffs. Is it strictly a % for each country issue for you or does any of this have value?
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I absolutely believe this has been blown out of proportion and your opening question is just parroting the rhetoric supporting this made up emergency.

US industries do fine in markets they are competitive in. But there will be no mass return of textiles, steel, electronics final assemblies, many auto parts, etc…because the US just isn’t competitive. That is actually the reason and continuing to conflate trade deficits with reciprocal tariffs won’t have any meaningful impact.
 
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#5,553
#5,553
CobbVol said:
Do you think there is a major trading country with the US where the US has better access to their markets than they do ours?

I place value on opening up markets to US industries with trading countries that have not been there or restricted. Planned investment in the US from some companies given the current tariffs. Is it strictly a % for each country issue for you or does any of this have value?
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Let me ask you this. Excluding China and their abysmal trade antics when exactly did you become outraged about “opening up markets to US industries with trading countries that have not been there or restricted”? Did you consider this in 2022? 2023?

I have no qualms with fixing our wrath on China and doing what we can to move production of US consumer goods out of there. On this very forum I’ve advocated on moving as much production back into this hemisphere into the Central American countries. Give them a reason to stay home and make a living while still feeding those consumer goods into our markets.

Prior to late last year/early this year have you put any thought into that?
 
#5,554
#5,554
NorthDallas40 said:
I absolutely believe this has been blown out of proportion and your opening question is just parroting the rhetoric supporting this made up emergency.

US industries do fine in markets they are competitive in. But there will be no mass return of textiles, steel, electronics final assemblies, many auto parts, etc…because the US just isn’t competitive. That is actually the reason and continuing to conflate trade deficits with reciprocal tariffs won’t have any meaningful impact.
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You were close, US industries do fine in markets they are allowed to compete in.
 
#5,555
#5,555
NorthDallas40 said:
Let me ask you this. Excluding China and their abysmal trade antics when exactly did you become outraged about “opening up markets to US industries with trading countries that have not been there or restricted”? Did you consider this in 2022? 2023?

I have no qualms with fixing our wrath on China and doing what we can to move production of US consumer goods out of there. On this very forum I’ve advocated on moving as much production back into this hemisphere into the Central American countries. Give them a reason to stay home and make a living while still feeding those consumer goods into our markets.

Prior to late last year/early this year have you put any thought into that?
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Being in the transportation industry I think and see it daily in my job. In 2022, 2023, and before those years your mentioned.
 
#5,559
#5,559
NorthDallas40 said:
So US textiles are going to retake world trade? US steel? Processed aluminum?
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Read up on non-tariff barriers. They are real and not rhetoric like you stated. Here are a couple to help.

www.stlouisfed.org

Nontariff Trade Barriers in the U.S. and EU

An analysis examines the prevalence and types of nontariff measures that affect trade, such as technical and safety regulations, in the U.S. and EU.
www.stlouisfed.org www.stlouisfed.org

www.forbes.com

Why Non-Tariff Barriers Are The New Frontline In U.S. Trade Policy

The U.S. is tackling non-tariff barriers to expand exports and counter rivals like China and the EU, but dismantling hidden trade obstacles will be a tough battle.
www.forbes.com www.forbes.com
 
#5,561
#5,561
hog88 said:
First of all, a company wanting to build widgets in the US doesn't have to go through a years long process to permit their new plant. They probably won't have to go through numerous lawsuits trying to stop their new plant from being built, plus they can pretty much build it anywhere that has reasonably close interstate access. They also don't have to worry about a new administration coming into office and going to war against widgets, with a stroke of a pen canceling a project they invested billions in. Nor would there be a high likelihood of a new administration/congress coming in and offering massive subsidies and tax advantages for a competitor to build whatnots in order to make widgets obsolete.
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unless they operate out of one of those planned/preapproved industrial parks it does take years to get approval. they do get sued, and depending on the widget it is not impossible for the government to mess it up.

look at Trump canceling all the EV projects. billions invested, and with the stroke of a pen Trump killed it.

you act like we live in a world where it doesn't take years for residential projects to get approved. I have one from '23 that is still waiting for zoning approval. no real reason behind the wait, just the process. its not in a wetland or any other protected area.
 
#5,566
#5,566
NorthDallas40 said:
Then why did you ask in the first place?
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I was just responding to your questions below.

NorthDallas40 said:
Let me ask you this. Excluding China and their abysmal trade antics when exactly did you become outraged about “opening up markets to US industries with trading countries that have not been there or restricted”? Did you consider this in 2022? 2023?

I have no qualms with fixing our wrath on China and doing what we can to move production of US consumer goods out of there. On this very forum I’ve advocated on moving as much production back into this hemisphere into the Central American countries. Give them a reason to stay home and make a living while still feeding those consumer goods into our markets.

Prior to late last year/early this year have you put any thought into that?
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#5,568
#5,568
NorthDallas40 said:
Ok fair enough.
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We do have differing opinions on certain aspects of this trade/tariff issue, but we also have agreement. I do agree with you that the focus should be on China. I wished the Trump administration would have had discussions with the major trading partners excluding China to get their differences ironed out before boxing China in against the world. Announcing tariffs against "Puffin Island" and all the others was stupid and a waste of time and effort.
 
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#5,569
#5,569
LouderVol said:
unless they operate out of one of those planned/preapproved industrial parks it does take years to get approval. they do get sued, and depending on the widget it is not impossible for the government to mess it up.

look at Trump canceling all the EV projects. billions invested, and with the stroke of a pen Trump killed it.

you act like we live in a world where it doesn't take years for residential projects to get approved. I have one from '23 that is still waiting for zoning approval. no real reason behind the wait, just the process. its not in a wetland or any other protected area.
Click to expand...

What private EV (no taxpayer funded) EV projects did Trump cancel?
 
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